Joey McGuire, the coach of the Texas Tech team has signed an extension of his contract with the team for a tenure of six years as per revelations by the team on Wednesday.
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Mcguire, who earlier served as the tight ends’ coach and assistant head coach of Baylor in 2019, also served as the club’s head coach since 2020. After nearly two years in that capacity, McGuire shifted to the Texas Tech in November 2021, again as the head coach.
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We now have a look at his salary and contract specifics
Salary – McGuire’s earlier deal with the Texas Tech was $20.2 million for six years, which boiled down to around $3 million per year. However, his new contract with the same club that comes a year later, again for a duration of six years, proposes a deal of $26.6 million.
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Contract details – The new contract, effective since December 28, proposes an overall deal worth $26.6 million. However, it comes with an important caveat that each year his salary would increase by a fixed amount – $100,000. That means that at the end of six years, his salary would have increased by $0.6 million, thus making it $4.6 million for the sixth year.
Record – McGuire acquired a positive record as a coach in his very first year at the Texas Tech, managing a 7-5 record that included wins over Texas Longhorns and Oklahoma Sooners. The Red Raiders finished the season as fourth in the Big 12. McGuire’s son Garret is also a former professional American footballer, having played at Baylor before becoming a coaching assistant for the Carolina Panthers.
